Ford Motor Company of Canada will become the country's first manufacturer of all-electric vehicles, starting in 2024, the company said on Monday September 28.Ford will commit C$1.8 billion ($1.35 billion) to repurpose part of its biggest car plant in Canada, the Oakville Assembly Complex, and will introduce a new engine program at another plant, in Windsor. Both are in the Canadian province of Ont...Read More
Stainless steel producer Outokumpu has made changes to its leadership team that will take effect on October 1, with a new company strategy to be announced the following month, the company announced on Tuesday September 29.Newly appointed members of the company's leadership team are: Thomas Anstots, executive vice president, commercial, Europe business area; Stefan Erdmann, chief technology officer...Read More
Large scale property acquisitions peaked in 2016-2017 led by China Molybdenum's purchase of the Tenke Fungurume mine in the Democratic Republic of the Congo.China Molybdenum bought Freeport-McMoRan's (NYSE: FCX) 56% stake in the copper-cobalt mine in November 2016 and picked up Lundin Mining's (TSX: LUN) 24% interest in April 2017 for a total consideration of $3.8 billion, based on data from Minin...Read More
Lion Battery Technologies is pushing forward with plans to develop lithium-ion batteries that use platinum and palladium to enhance battery performance.The company was formed as a joint venture between Platinum Group Metals (TSX: PTM; NYSE: PLG) and Anglo American Platinum (US-OTC: ANGPY), the world's largest producer of platinum group metals (PGMs), and aims to accelerate the development of n...Read More
This week's episode features DeepGreen Metals chairman and CEO Gerard Barron, who discusses the merits of deep-sea mining as an environmentally-friendly method of resource extraction. Gerard talks about his previous investment in Nautilus Minerals, the strategy behind mining polymetallic nodules, and what it's like to deal with the International Seabed Authority and the United Nations on mining pr...Read More
The most recent drill results from Canadian Palladium's (CNSX: BULL; US-OTC: DCNNF) 9.9-sq.-km East Bull property, 90 km west of Sudbury, Ont., returned broad intercepts of near-surface palladium mineralization from an area down-dip of the current resource.The preliminary results (which exclude rhodium values) are "the widest intervals of palladium mineralization reported to date at East Bull," th...Read More
GR Silver Mining (TSXV: GRSL; US-OTC: GRSLF) has discovered high-grade polymetallic disseminated and massive sulphide-rich mineralization during initial underground channel sampling on the lower level of the historic Plomosas mine at its Plomosas silver project in Mexico's Sinaloa state.GR Silver says assay results from one of the saw channel samples returned 16 metres of 90 grams silver per tonne...Read More
Jervois Mining (TSXV: JRV; US-OTC: JRVMF) is buying a nickel and cobalt refinery in Brazil from Companhia Brasileira de Alum?-nio for 125 million reals (US$22.1 million) in an effort to transform the company into a producer and refiner of battery metals.The miner said the S??o Miguel Paulista refinery in S??o Paulo had a production capacity of 25,000 tonnes per year nickel and 2,000 tonnes per yea...Read More
Tesla recharges the global battery industry but simplistic presentation causes chaosBattery-metal explorers and producers ought to coin a new (transitive) verb; "to Musk" is to confuse a science that is already complicated. Lithium developers, in particular, have been 'musked' since Tesla's Battery Day on Sept. 22.As already reported in The Northern Miner, there has been an incredibly diverse resp...Read More
Authorities in Queensland have granted Pembroke Resources a mining lease for its A$1 billion (US$710 million) Olive Downs mine, which is poised to become the state's third-largest coal operation.The mine, 40 km south of Moranbah in the Bowen Basin, will have a productive life of 80 years and will create 1,000 jobs, according to Annastacia Palaszczuk, Queensland's premier and trade minister.Core co...Read More
Raymond James has raised its average silver price forecasts for 2021 to US$25 per oz., up 37.9% from its previous estimate, and to US$22.50 per oz. in 2022, a 25% increase.For the remainder of this year, the financial services firm forecasts an average silver price of US$25 per oz. in the third quarter and US$26 per oz. in the fourth quarter, for a full-year average of US$21.07 per ounce."Our pric...Read More
IAMGOLD Watershed Property Surrounds Cot?(C) Gold DepositVancouver, British Columbia, Canada, September 29, 2020. Ely Gold Royalties Inc. (TSX-V:ELY, OTC-QX:ELYGF) ("Ely Gold" or the "Company") has agreed to purchase, a 1% net smelter returns royalty (the "Watershed Royalty") fromSanatana ResourcesRead full newsRead More
It's the first, and a breakthrough in detecting the virus. Natasha Pace reports.Read full newsRead More
Jon Case, portfolio manager at CI Investments, joins BNN Bloomberg to discuss the open letter to global gold companies advocating for change in their governance and operations.Read full newsRead More
Australian shares edged lower on Monday as a drop in commodity prices dragged the country's prominent mining and gold sectors, overriding a jump in local tech stocks on the heels of a rally in U.S. peers.Read full newsRead More
NEW YORK, Sept. 22, 2020 /PRNewswire via COMTEX/ --NEW YORK, Sept. 22, 2020 /PRNewswire/ -- With government spending skyrocketing and the value of the U.S....Read full newsRead More
Ottawa, Ontario--(Newsfile Corp. - September 24, 2020) - KWESST Micro Systems Inc. (TSXV: KWE) (Read full newsRead More
In conversation with John ReadeRead full newsRead More
LAURION Mineral Exploration Inc. (TSXV: LME) and (OTCPINK: LMEFF)Read full newsRead More
NV Gold Corporation is pleased to announce it has received necessRead full newsRead More